Lacy has a $1000 bond with a 6.2% coupon that she purchased for $1025. What is the yield of this bond? Round your answer to 2 decimal places.
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Lacy has a $1000 bond with a 6.2% coupon that she purchased for $1025. What is the yield of this bond? Round your answer to 2 decimal ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Mathematics » Lacy has a $1000 bond with a 6.2% coupon that she purchased for $1025. What is the yield of this bond? Round your answer to 2 decimal places.